Bia, is kerosene subsidy ON or OFF?!

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Kerosene subsidy cartoon - feature

Dr. Emmanuel I. Kachikwu, Nigerians need a clear and unambiguous policy direction on kerosene in Nigeria. What is the story when it comes to kerosene subsidy?

Recently, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) urged the Federal Government to come out with a policy on kerosene since the product has become unaffordable in Nigeria anymore.

While the Federal Government has deregulated diesel and petrol, no clear policy had been declared by it on kerosene which has made the product to be sold for as high as N240 per litre in most filling stations in Nigeria.

Silence from the relevant authorities on this kerosene crisis only cast doubt on the minds of Nigerians on what is/are being done on the kerosene crisis ravaging the nation.

In fact, most of the filling stations, especially NNPC Mega Stations in Lagos, did not have the product, thereby forcing the masses to buy from independent marketers at exhorbitant prices.

The last Nigerians knew was that kerosene has not been deregulated according to the Federal Government policy on the product.

Kerosene is the only product that is accessible to rural and urban women and federal government needs to explain to Nigerians why the product is more expensive than diesel and petrol now rather than being silent.

The pump price of Kerosene is above N200 per 1 liter and we expect the federal government to look inward and address it urgently.

The increase in the price of kerosene has also triggered up price of domestic cooking gas (LPG) which is now between N4,000 and N4,300.

The News Agency of Nigeria (NAN) reports that the Federal Government on January 19, increased the pump price of kerosene from N50 per litre to N83 per litre.

The Petroleum Products Pricing Regulatory Agency (PPPRA) in its revised pricing template revealed that NNPC will sell Kerosene (HHK) at N83 per litre.

How much is pump price of kerosene in your neighbour in Nigeria? What’s going on ?

Nigerians need to know:

Has federal government deregulated kerosene in Nigeria?

Has the FG removed subsidy payment for kerosene to marketers?

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